Yanis Varoufakis Books

To understand what unfolded in 2015, one must grasp the roots of Greece’s predicament. The crisis did not begin with Syriza or even with the 2009 financial meltdown. It was born from the architecture of the Eurozone itself—a monetary union without a corresponding political union. When Greece adopted...

From Adults in the Room: My Battle with Europe’s Deep Establishment

When I stepped into the Ministry of Finance, I felt the weight of history pressing down on my shoulders. The first days were exhilarating; we were buoyed by a sense of purpose. Alexis Tsipras, barely forty and brimming with energy, shared my belief that Greece could chart a new course inside Europe....

From Adults in the Room: My Battle with Europe’s Deep Establishment

Before coins ever jingled in pockets, before merchants crossed oceans, societies thrived through exchange. But exchange did not begin with trade as we know it; it began with reciprocity — with neighbors helping one another, with families sharing harvests and labor without keeping score. When I expla...

From Talking To My Daughter About The Economy: A Brief History Of Capitalism

Money, I explained to my daughter, was born not because barter was inefficient — a myth textbooks often repeat — but because societies became too large to rely on personal trust. When rulers began collecting taxes and armies needed to be fed, tokens of value appeared. These tokens — first metal, lat...

From Talking To My Daughter About The Economy: A Brief History Of Capitalism

To understand technofeudalism, we must first recall how capitalism came to dominate in the first place. Capitalism’s birth was not an event but a process—a dissolution of feudal bonds, a liberation of capital and labor from hereditary landholding. Once markets and money became the central arbiters o...

From Technofeudalism: What Killed Capitalism

Cloud capital is the linchpin of technofeudalism. Unlike industrial capital—machines, factories, shipping fleets—cloud capital is intangible yet immensely powerful. It consists of data centers, algorithms, platforms, and the sprawling digital ecosystems built around them. Its owners are not mere ent...

From Technofeudalism: What Killed Capitalism